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This paper explores how civic capital shapes the relationship between government size and economic performance. Building on an exogenousgrowth version of Barro (1990), we incorporate O-ring technology to capture task complementarity in the public sector, highlighting the role of civic capital in...
Persistent link: https://www.econbiz.de/10015323535
Persistent link: https://www.econbiz.de/10015358727
We explore the links between the halt of the convergence process of Italian regions at the beginning of the 1970s and the increase in regional unemployment dispersion. We consider a neoclassical exogenous growth model with an imperfect labor market and show that during the transitional dynamics...
Persistent link: https://www.econbiz.de/10014109352
We develop an endogenous growth model to simulate the long-term impact of Italy's National Recovery and Resilience Plan (NRRP) on the persistent North-South productivity gap. Our model underscores public investment as a catalyst for sustained economic growth and highlights the reliance of local...
Persistent link: https://www.econbiz.de/10014391213
By studying the interaction between social capital and decentralization, we show that political decentralization can be a source of divergence across heterogeneous regions. In particular, we claim that since the local endowments of social capital display their effect on the economy mainly...
Persistent link: https://www.econbiz.de/10009757366
Since Putnam's work on social capital, the Italian regional case has been a very rich source of both data and theories about the origins of large and persistent differences in local stocks of social capital, and about the impact of such differences on economic performances. The Italian case is...
Persistent link: https://www.econbiz.de/10011524138
Persistent link: https://www.econbiz.de/10014337947
By studying the interaction between social capital and decentralization, we show that political decentralization can be a source of divergence across heterogeneous regions. In particular, we claim that since the local endowments of social capital display their effect on the economy mainly...
Persistent link: https://www.econbiz.de/10013080192
This paper explores how civic capital shapes the relationship between government size and economic performance. Building on an exogenousgrowth version of Barro (1990), we incorporate O-ring technology to capture task complementarity in the public sector, highlighting the role of civic capital in...
Persistent link: https://www.econbiz.de/10015361391
Le patrimoine économique national augmente de 5 % en 2011. Sa progression est moindre qu’en 2010 en raison du ralentissement des prix des terrains et des encours d’actifs financiers.
Persistent link: https://www.econbiz.de/10010816099